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    250 55Th Ct Miami, FL 33126

    For Sale
    $900,000

    Two-unit income property, updated, fenced yard.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional two-unit apartment building, known as Flagler Manor, presents a compelling investment opportunity in Miami, Florida. Built in 1962, this single-story property is located at 250-252 NW 55th Ct, Miami, FL 33126, within Miami-Dade County. The asking price is $900,000. Each of the two units boasts separate parking, a significant advantage for tenants. Recent upgrades include a new roof and stainless steel appliances, enhancing both the property's value and its appeal to renters. The property features a large, fenced yard, providing privacy and outdoor space. Its location offers convenient access to shopping malls and supermarkets, adding to its desirability. The quiet street contributes to a peaceful living environment. This well-maintained duplex represents a strong income-producing asset in a desirable Miami neighborhood. The property's features and location combine to create a promising investment opportunity with significant potential for return. Don't miss this chance to acquire a turnkey multifamily property in a thriving area.

    Property Features for 250 55Th Ct

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1962
    Stories
    1
    Units
    2

    HighLights

    • Exceptional two‑unit investment opportunity in Miami, FL.
    • Located at 250‑252 NW 55th Ct, Miami, FL 33126.
    • Asking price: $900,000.
    • Each unit features separate parking.
    • Recent upgrades include a new roof and stainless steel appliances.
    • Large, fenced yard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2859261
    Latitude
    25.7738273

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    FAQs

    What type of property is this?
    Multifamily property - Two-unit income property, updated, fenced yard.
    Where is this multifamily property located?
    The property is located at 250 55Th Ct Miami, FL.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Exceptional two-unit investment opportunity in Miami, FL.; Located at 250-252 NW 55th Ct, Miami, FL 33126.; Asking price: $900,000.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 55Th Ct Miami, FL 33126
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